TransUnion (NYSE:TRU) Issues Q4 Earnings Guidance

TransUnion (NYSE:TRU) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.69-$0.71 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.70. The company issued revenue guidance of $667-$672 million, compared to the consensus revenue estimate of $677.02 million.TransUnion also updated its FY 2019 guidance to $2.74-2.76 EPS.

NYSE TRU traded up $0.87 on Tuesday, hitting $83.49. The stock had a trading volume of 556,635 shares, compared to its average volume of 928,623. TransUnion has a 52-week low of $52.15 and a 52-week high of $85.50. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.51 and a current ratio of 1.51. The company has a market capitalization of $16.00 billion, a price-to-earnings ratio of 36.14, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. The firm has a 50-day moving average of $81.06 and a 200-day moving average of $75.18.

TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.08. TransUnion had a net margin of 12.84% and a return on equity of 22.94%. The business had revenue of $661.90 million for the quarter, compared to analysts’ expectations of $644.73 million. During the same period in the prior year, the company posted $0.62 EPS. The business’s revenue for the quarter was up 17.5% compared to the same quarter last year. As a group, research analysts anticipate that TransUnion will post 2.47 earnings per share for the current fiscal year.

TRU has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on shares of TransUnion from $78.00 to $92.00 and gave the stock an overweight rating in a research note on Wednesday, July 24th. Zacks Investment Research upgraded shares of TransUnion from a hold rating to a buy rating and set a $89.00 price objective on the stock in a research report on Monday, July 29th. SunTrust Banks restated a positive rating and set a $90.00 price objective on shares of TransUnion in a research report on Wednesday, July 24th. They noted that the move was a valuation call. Atlantic Securities cut shares of TransUnion from an overweight rating to a neutral rating in a research report on Tuesday, July 30th. Finally, Morgan Stanley lowered their price objective on shares of TransUnion from $83.00 to $81.00 and set an equal weight rating on the stock in a research report on Thursday, October 10th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $79.25.

In related news, EVP Richard Dane Mauldin sold 2,919 shares of the stock in a transaction on Monday, July 29th. The shares were sold at an average price of $82.76, for a total transaction of $241,576.44. Following the transaction, the executive vice president now owns 19,758 shares of the company’s stock, valued at approximately $1,635,172.08. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James M. Peck sold 103,331 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $84.10, for a total transaction of $8,690,137.10. Following the transaction, the director now directly owns 245,345 shares in the company, valued at approximately $20,633,514.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 239,204 shares of company stock worth $19,868,465. Corporate insiders own 0.92% of the company’s stock.

TransUnion Company Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.

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Earnings History and Estimates for TransUnion (NYSE:TRU)

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